Market Size of Guangdong Data Center Industry
| Study Period | 2018 - 2030 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2030 |
| Historical Data Period | 2018 - 2022 |
| CAGR (2024 - 2030) | 8.31 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Guangdong Data Center Market Analysis
The Guangdong Data Center Market is expected to register a CAGR of 8.31% during the forecast period.
A data center is a physical room, building, or facility that holds IT infrastructure used to construct, run, and provide applications and services and store and manage the data connected with those applications and services.
- Temperature favorability, low land value, and electricity cost are some factors encouraging data center companies to set up their facilities in the Guangdong region.
- Mega and massive data centers have dominated the market, accounting for noteworthy growth in 2022. This dominance is expected to continue throughout the forecast period.
- The increasing presence of mega and massive data centers in this hotspot can be attributed to the government's plan to curb the region's carbon footprint. The government has restricted the construction of smaller data centers; the number of racks must be at least 3,000.
- The government issued notice to data center operators to upgrade the existing data centers to a PUE of 1.3 by 2023. For successful implementation, the government proposed an incentive-linked program wherein data centers with a PUE of 1.3 could request additional power of up to 40% of the power quota. However, data centers with a PUE of 1.4 would not receive any extra power quotas for new energy consumption. These initiatives by the government are expected to propel the growth of energy-efficient massive and mega data centers in the region during the forecast period.
Guangdong Data Center Industry Segmentation
The Guangdong data center market is segmented by dc size (small, medium, large, massive, mega), tier type (tier 1&2, tier 3, tier 4), absorption (utilized (colocation type (retail, wholesale, hyperscale), end user (cloud & IT, telecom, media & entertainment, government, BFSI, manufacturing, e-commerce)), and non-utilized). The market sizes and forecasts are provided in terms of value (MW) for all the above segments.
| DC Size | |
| Small | |
| Medium | |
| Large | |
| Massive | |
| Mega |
| Tier Type | |
| Tier 1 & 2 | |
| Tier 3 | |
| Tier 4 |
| Absorption | |||||||||||||||||
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| Non-Utilized |
Guangdong Data Center Market Size Summary
The Guangdong Data Center Market is poised for significant growth, driven by favorable conditions such as low land and electricity costs, and a supportive government policy aimed at reducing carbon emissions. The market is predominantly characterized by the presence of mega and massive data centers, which have been the main contributors to its expansion. The government's initiatives, including restrictions on smaller data centers and incentives for energy-efficient operations, are expected to further bolster the market. These measures are part of a broader strategy to enhance the region's data center infrastructure, aligning with the increasing demand for robust and sustainable IT solutions.
The banking and financial services sector in Guangdong is a key driver of data center market growth, propelled by the digital transformation and the rising adoption of digital banking. The integration of advanced CRM and cloud tools is facilitating the sector's shift towards more efficient and customer-centric services. The demand for hybrid cloud solutions is particularly strong due to the sensitive nature of financial data. Strategic expansions and collaborations by major players in the region, such as Keppel Data Center Pte Ltd and Zenlayer Inc, are indicative of the competitive landscape and the ongoing trend of data center development in Guangdong. These developments, coupled with innovative approaches like underwater data centers, highlight the dynamic nature of the market and its potential for continued expansion.
Guangdong Data Center Market Size - Table of Contents
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1. MARKET SEGMENTATION
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1.1 DC Size
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1.1.1 Small
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1.1.2 Medium
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1.1.3 Large
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1.1.4 Massive
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1.1.5 Mega
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1.2 Tier Type
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1.2.1 Tier 1 & 2
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1.2.2 Tier 3
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1.2.3 Tier 4
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1.3 Absorption
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1.3.1 Utilized
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1.3.1.1 Colocation Type
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1.3.1.1.1 Retail
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1.3.1.1.2 Wholesale
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1.3.1.1.3 Hyperscale
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1.3.1.2 End User
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1.3.1.2.1 Cloud & IT
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1.3.1.2.2 Telecom
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1.3.1.2.3 Media & Entertainment
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1.3.1.2.4 Government
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1.3.1.2.5 BFSI
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1.3.1.2.6 Manufacturing
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1.3.1.2.7 E-Commerce
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1.3.1.2.8 Other End User
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1.3.2 Non-Utilized
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Guangdong Data Center Market Size FAQs
What is the current Guangdong Data Center Market size?
The Guangdong Data Center Market is projected to register a CAGR of 8.31% during the forecast period (2024-2030)
Who are the key players in Guangdong Data Center Market?
Princeton Digital Group, GDS, Fujitsu, Keppel Datacentres Pte Ltd and SpaceDC Pte Ltd. are the major companies operating in the Guangdong Data Center Market.
